Private equity firms Advent International and Bain Capital, as well as their local partner in Italy, Clessidra, launched an initial public offering (IPO) on the Milan stock market on March 29, 2019. It is expected to be completed on April 11, 2019. Based on the per-share price range, the value of the offering will range from $2.13 billion to $2.47 billion. Nexi provides merchant and cardholder processing. It was created by combining assets of Italy-based processors ICBPI and Intesa Sanpaolo. Advent and Bain bought a majority stake in ICBPI, a merchant acquirer and cardholder account service...